Eben@CANSLIM ResearchNVIDIA (NVDA) is consolidating in a 14-week Cup with Handle base, with the handle completing near the 208-225 zone and a pivot at $225.3. The stock remains in a Stage 2 advance, holding above a rising 30-week moving average, though it sits 9% off its 52-week high. Overall sentiment is constructive but cautious, as the market awaits a confirmed breakout above the pivot for the next leg higher.
Technical Analysis
As of 2026-08-25 · Close $214.34
Stage Analysis
Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 2.42%)
Detected Patterns — What the Market Is Watching
- Cup with Handle — depth 19.3%, length 14 weeks, pivot $225.3. Base formed from 2026-05-14 (left-side high) to 2026-08-13, with the low of $190.01 set on 2026-07-29
- Handle: formed from 2026-08-13 (high $225.3) to 2026-08-24 (low $208.48) — a 7.5% pullback
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